It is a collectible. There is no good way to value them.Bear in mind that once you buy them, the bitcoins are transferred to you and the value decreases.

Permit me. I want to get an understanding does it mean when I get for example a 1btc coin, will the value now decrease to say 0.09btc? Also, I want to ask on the coin, will there be a way to redeem it and covert to the coins we all transfer into our individual wallets? An answer will be appreciated because I have seen some auction done for physical bitcoins which I have require more information.

It is a collectible. There is no good way to value them.Bear in mind that once you buy them, the bitcoins are transferred to you and the value decreases.

Permit me. I want to get an understanding does it mean when I get for example a 1btc coin, will the value now decrease to say 0.09btc? Also, I want to ask on the coin, will there be a way to redeem it and covert to the coins we all transfer into our individual wallets? An answer will be appreciated because I have seen some auction done for physical bitcoins which I have require more information.

Nope, it is just that you may pay more than 1 btc (say 1.1 btc) for 1 bitcoin. The 'premium' is only due to the fact that it is freshly mined.You can always spend it. But you may find it difficult to sell it for 1.1 btc (the price you have paid).

Even if someone rented a rig, they would not get a ROI on renting. Hardly get a ROI when buying mining rigs direct. Thanks for spamming your rentals in my thread though.

Even when buying rigs direct, 90% of the mining pools do not reward from coinbase...instead, the full reward is sent to their wallet address and then they will send miners their shares from that wallet address. If buyer would buy from those miners shares, they would be the 3rd transition. You would have to buy directly from mining pools or miners who get rewarded direct from the coinbase.

Mining Pools chances are already have their coins sold before they are even mined.

How can a Bitcoin be Mint ? I think this is only possible when you are mining with S9 Antminers as when you mine with graphic cards you have to exchange your altcoin for bitcoins or to be paid by Nicehash directly in bitcoin. The option with graphic cards cannot be mint I guess so only persons mining with a S9 can offer those coins. I would not pay that much of a premium for them though, maximum 5% over market price of preev or bitstamp.

" These coins will most likely appeal to investors primarily as a collectible, much like the first strike of a physical coin. "

“ Fresh Bitcoins are more limited in supply than used Bitcoins, anything with a limited supply usually gains in value. ”

" For collectors, the perceived advantage of owning fresh coins reflects the limited supplies. For others, new coins without transaction histories are more desirable than used coins with longer and unknown histories. A brand new coin has no ties to illicit transaction, and has never been stolen or used to buy illegal items, unlike coins used on the Silk Road. "

1 Bitcoin only equals 1 Bitcoin is that coin has had previous(long trail) of public transaction history. The coins I speak of, literally are fresh from a Miner and if bought, the only transaction shown on the public ledger would be from "No Inputs (Newly Generated Coins)" to your Bitcoin wallet address.

What makes these coins even more scarce is the fact that 90% of the Bitcoin mining pools do not generated their rewards from the coinbase. Instead, when a reward is paid to the pool, the reward is send directly to the pool operators Bitcoin wallet address and then from there distributed to the miners of the pools. Good luck trying to buy these "Fresh Mint" coins directly from big pools yourself!

Sure would love to get some real feedback from knowledgeable Bitcoiners. I personally believe that a 20-25% premium for fresh mined Bitcoins with no transaction history.

To provide more support for my premium, take a look at BTCC - they were selling fresh mined blocks of 25BTC for 31BTC. That is almost a 25% premium.

Some more knowledgeable input would be greatly appreciated!

I sense that a collectible market could emerge for freshly mined Bitcoin... If BTCC sold some at +/- 24% premium, then there would likely be more such sales at a higher premium in the future, particularly if:

1) more people join the Bitcoin Community (likely IMO, esp. if they fix the scaling problems)2) as the halving process continues, such "freshly mined" BTC will continue to get even rarer.

Hmm, a contact with BTCC might be worthwhile, leading to an even more interesting speculation than just "plain ol' BTC".

Try Bitmixer as they are offering newly generated Bitcoins, I heard or read some where that they are either in contract with a miner(s) or they are mining themselves which allows them to spend the old and used coins as fees and mine them.

I don't know how accurate that information is but it sounds logical for a big mixer like them to do this.

One thing about Bitcoin that it will never become a true physical coin and only newly generated coins have no transaction history. how does it work you provide them an address and they load it, private key is still known to you only correct?

Some derpy nerd will pay more than 1 bitcoin for 1 bitcoin. Why? Who knows. 1 bitcoin is worth 1 bitcoin, if you pay anything more you are throwing away money.

I have some Canadian pennies for sale if anyone would like to buy them for 2 cents each! Lol!

Quite true there really is no difference between a newly minted coin and a regular coin otherwise Bitcoin would not have fungibility.It would be more along the lines of showing off than anything else and saying that some coins are tainted and wanting to own newly minted ones to keep a form of transaction purity.(I guess from that point of view though one day old Canadian pennies will become collectible so Bitcoins first minted in 2009-2010 may become a niche market if they are held and stored and sold as a package like random satoshi coins)

Only way I see this logic being revived is if they go back to Casascius coins.